Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in Indonesia

The car rental industry in Indonesia has shown positive momentum and grew strongly during the review period. A growing economy, high levels of personal disposable income, increasing volumes of both domestic and inbound tourists, and increasing levels of economic activity are the key driving forces behind the increased demand in the car rental industry in the country. Favorable government regulations also positioned the country as an attractive destination for foreign investment. The car rental industry registered a CAGR of 4.79% during the review period and valued IDR21.2 trillion in 2011. The industry is expanding and changing rapidly and is expected to grow at a CAGR of 7.97% over the forecast period to reach a value of IDR30.9 trillion in 2016.

Scope

• This report provides an extensive analysis of the car rental industry in Indonesia:
• It details historical values of the car rental market in Indonesia for 2007–2011, along with forecast figures for 2012–2016.
• It offers detailed analysis of the factors driving the growth of car rentals and the key emerging trends in Indonesia.
• The report details the key trends, regulatory environment, market entry strategies and marketing and growth strategies in Indonesia.
• It provides information on the key companies operating in the car rental industry in Indonesia.

Market Strategies and Opportunities in Car Rental Industry

Published: February 2012
No. of Pages: 53
Price : Single User License - US$1950    Corporate User License - US$3900


Synopsis

• This report provides a detailed market trend and growth analysis of the car rental industry in Indonesia
• With this market report, you will be able to explore in detail the changing shape and future outlook for the industry.
• With this report, you will be able to plan and build strategies based on real industry data and projections.

Key highlights

• The car rental industry registered a CAGR of 4.79% during the review period and valued IDR21.2 trillion in 2011.
• The industry is expanding and changing rapidly and is expected to grow at a CAGR of 7.97% over the forecast period and reach a value of IDR30.9 trillion in 2016.
• Marketing and sales strategies play a key role in differentiating the service offerings of car rental companies in Indonesia.
• Favorable government regulation is expected to intensify the competitive structure of the Indonesian car rental industry.
• Corporate customers remain the key target for Indonesian car rental companies to expand their business.
• The franchise model has been proven to be a key expansion strategy in the Indonesian car rental industry.

Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in BRIC

The four BRIC countries (Brazil, Russia, India and China) have a combined population of around three billion, slightly less than half the world’s total population. The car rental industry in these four countries has been on a fast growth trajectory over the past last five years, having increased at a CAGR of around 20%. Over the next five years, the overall car rental industry in the BRIC nations is expected to continue to grow strongly at a CAGR of 13.47%, and is expected to reach US$17.04 billion in 2016, from a base of US$8.90 billion in 2011.

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There are some significant growth drivers for the car rental industry in the BRIC nations. Liberalization and privatization of industry and massive foreign direct investment, along with relative cost advantages are encouraging strong growth in each of the four markets. Increasing GDP levels, high levels of personal disposable income, increasing volumes of both domestic and inbound tourists and increasing levels of economic activity are the key driving forces behind increased demand in the car rental industry in the BRIC nations.

Scope

 This report provides an extensive analysis of the car rental industry in each of the four BRIC nations: Brazil, Russia, India and China It details historical values for the car rental market in each of the BRIC nations for 2007–2011, along with forecast figures for 2012–2016 It offers detailed analysis of the factors driving the growth of car rentals, and the key emerging trends in each of the BRIC nations The report details the key trends, regulatory environment, market entry strategies and marketing and growth strategies in each of the BRIC nations It provides data on the key companies operating within the car rental industry in each of the BRIC nations

Reasons To Buy

Take strategic business decisions using top-level historic and forecast market data related to the car rental industry in each of the BRIC nations and each sector within it Understand the demand and supply-side dynamics within the car rental industry, along with key market trends and growth opportunities Assess the competitive landscape in the car rental industry in the BRIC nations and formulate effective market-entry strategies Identify the growth opportunities and industry dynamics within the car rental industry

Major points covered in Table of Contents of this report include:

Executive Summary

BRIC Car Rental Industry

Attractiveness Comparison

Brazilian Car Rental Industry Outlook

Russian Car Rental Industry Outlook

Indian Car Rental Industry Outlook

Chinese Car Rental Industry Outlook

Appendix

Explore Comprehensive list of more than Tables & Figures available in the report @ http://www.reportsnreports.com/reports/145373-market-entry-strategies-and-emerging-opportunities-in-the-car-rental-industry-in-bric.html

Report Details:

Published: January 2012

No. of Pages: 198

Price: Single User License – US$ 2950